Blue Trust Inc. Acquires 16,728 Shares of JPMorgan Equity Premium Income ETF $JEPI

Blue Trust Inc. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 89.8% in the 4th quarter, HoldingsChannel reports. The fund owned 35,359 shares of the company’s stock after acquiring an additional 16,728 shares during the period. Blue Trust Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,024,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Hamilton Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $72,373,000. Tcfg Wealth Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after buying an additional 810,739 shares during the period. Bank of America Corp DE raised its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. lifted its position in JPMorgan Equity Premium Income ETF by 9.9% in the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after buying an additional 636,586 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in JPMorgan Equity Premium Income ETF by 40.2% during the third quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after buying an additional 581,218 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

NYSEARCA JEPI opened at $56.45 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90. The firm has a market capitalization of $41.60 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The company has a fifty day moving average of $58.16 and a two-hundred day moving average of $57.56.

JPMorgan Equity Premium Income ETF Company Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income. JEPI was launched on May 20, 2020 and is managed by JPMorgan.